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Please show steps and answer During the fiscal year ended September 30, 2020, Worrell Inc. had a 3-for-1 stock split and a 2% stock dividend.
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During the fiscal year ended September 30, 2020, Worrell Inc. had a 3-for-1 stock split and a 2% stock dividend. In its annual report for 2020 , the company reported earnings per share for the year ended September 30, 2019, on a restated basis, of $0.94. Required: Calculate the originally reported earnings per share for the year ended September 30, 2019. (Round your answer to 2 decimal blaces.)Step by Step Solution
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